2022
Exports
$7.88MWorld Rnk 19 / 116
Flag Rnk 700 / 1193
2022
PRODUCT COMPLEXITY IN Hydraulic Turbines
-0.028Rnk 553 / 1025
2022
Imports
$5.23MWorld Rnk 50 / 195
Flag Rnk 982 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $7.88M in Hydraulic Turbines, making it the 19th largest exporter of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 700th most exported product in Mexico. The main destination of Hydraulic Turbines exports from Mexico are: Canada ($4.84M), United States ($2.27M), Panama ($266k), El Salvador ($235k), and Guatemala ($200k).

The fastest growing export markets for Hydraulic Turbines of Mexico between 2021 and 2022 were United States ($1.73M), Panama ($266k), and Italy ($24.2k).

Imports In 2022, Mexico imported $5.23M in Hydraulic Turbines, becoming the 50th largest importer of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 982nd most imported product in Mexico. Mexico imports Hydraulic Turbines primarily from: China ($2.37M), United States ($1.79M), Austria ($342k), Brazil ($241k), and Italy ($149k).

The fastest growing import markets in Hydraulic Turbines for Mexico between 2021 and 2022 were United States ($1.16M), China ($94.7k), and United Arab Emirates ($85.7k).

COMPANIES In 2023, leading companies such as Celebrity Cruises (1) were at the forefront of shipping Hydraulic Turbines from Mexico to the United States.

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Hydraulic Turbines. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.88M
IMPORTS (2022)$5.23M
NET TRADE (2022)$2.65M

In 2022, Mexico exported $7.88M in Hydraulic Turbines. The main destinations of Mexico exports on Hydraulic Turbines were Canada ($4.84M), United States ($2.27M), Panama ($266k), El Salvador ($235k), and Guatemala ($200k).

In 2022, Mexico imported $5.23M in Hydraulic Turbines, mainly from China ($2.37M), United States ($1.79M), Austria ($342k), Brazil ($241k), and Italy ($149k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydraulic Turbines EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$1.73M (320%)
Panama$266k (1%)
Italy$24.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydraulic Turbines BY Mexico WERE (2021 - 2022):
Canada-$492k (-9.22%)
Saudi Arabia-$77.6k (-100%)
Guatemala-$71.6k (-26.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Hydraulic Turbines were:
In 2022, Mexico's main importing competitors in Hydraulic Turbines were:

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Trade Value of Hydraulic Turbines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $1.04M
TOP IMPORT POTENTIALChina+ $323k

Hydraulic Turbines’s highest export potential is United States. With an export gap of $1.04M.   Hydraulic Turbines’s highest import potential is China with an import gap of $323k.

See methodology.

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